Image © Universal Studios
A optimized JPG with 30% quality will be used for high density screens (starting at 192dpi/2dppx).
This reduces the file size by half (162 KB instead of 368 KB at 2560px width = 56% savings).
Source: Can I use Media Queries: resolution feature
Source: Can I use Picture element
For other browsers a JavaScript fallback is provided by Picturefill.